The London-based bank reported a drop in second-quarter net profit and said it plans to initiate a share buyback of up to $3 ...

In its latest earnings report, HSBC chalked up a less-than-stellar performance in Q2 to a struggling Hong Kong office market.

HSBC Holdings Plc’s earnings for the second quarter fell short of expectations after it posted a rise in expenses and took a ...

HSBC Holdings reported a sharper-than-expected drop in profit on Wednesday, hurt by write-downs from exposures to a Chinese ...

HSBC Holdings reported a 26% and 29% slip in its first-half and YoY pretax profits, respectively, as bad debts in China ...

CEO Georges Elhedery flagged “structural challenges” to the global economy that have caused uncertainty and market volatility ...

HSBC Holdings on Wednesday said its current chief financial officer, Georges Elhedery, will take over from Noel Quinn as its new CEO. Elhedery, who first joined HSBC in 2005, will succeed Quinn on ...

HSBC HSBA 1.69%, Europe’s largest bank by market value, named Georges Elhedery as chief executive, turning to a company insider to navigate the lender’s delicate position between China and the ...

Elhedery will continue to serve as group CFO during the transition period, and his successor for the role has not been announced. HSBC announced on Wednesday that it has appointed Georges Elhedery ...

LONDON, Jan 28 (Reuters) - HSBC has appointed Georges Elhedery as head of global markets, according to an internal memo seen by Reuters on Monday, taking over from interim head Thierry Roland.

HSBC announced on Wednesday that it has appointed Georges Elhedery as group CEO, starting Sept. 2. Elhedery replaces Noel Quinn, who has held the position for nearly five years.